Reference: #{{$loan_application_id}}
{{$address}},
{{$city}},
{{$state}}.
Dear Sir/Ma,
URGENT NOTICE REGARDING COLLATERAL VEHICLE TRACKER TAMPERING
We are writing to formally notify you that the tracker installed on the vehicle you provided as collateral for your loan has been tampered with or removed. This action is a serious breach of the loan agreement and raises concerns of a potential attempt to abscond with the collateral, indicating a disregard for your repayment obligations.
As you may recall, by signing the loan agreement and a court-sworn affidavit, you consented to the peaceful repossession of the collateral in the event of any default or breach of the loan terms.
In view of this development, we are requesting the following:
- Immediate reinstallation of the tracker within the next 24 hours
- If this is not done, the vehicle must be returned to our office within the next 48 hours.
Failure to comply with either of these conditions will leave us with no choice but to enforce the proof of ownership document you signed. Consequently, we will proceed to transfer ownership of the vehicle to our company and initiate legal recovery through the appropriate law enforcement channels.
Please understand that this is not the course of action we wish to pursue. As a valued customer, we sincerely hope this matter can be resolved amicably and without escalation.
We urge you to take this seriously and act accordingly.
Yours Faithfully,
Authorized Signature